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US Commerce Secretary Lutnick says committed to exploding the US economy

US Commerce Secretary Lutnick says committed to exploding the US economy

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Eamonn Sheridan
11/04/2025 | 03:16 GMT
  • Lutnick promises a golden age, probably a hint to keep selling the USD and buying gold

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China plans new 2026–30 measures to boost consumption and address supply-demand imbalances, shifting stimulus toward services. The finance ministry extended loan interest subsidies to end-2026 and outlined a 500bn yuan guarantee program.

China plans new 2026–30 measures to boost consumption and address supply-demand imbalances, shifting stimulus toward services. The finance ministry extended loan interest subsidies to end-2026 and outlined a 500bn yuan guarantee program.
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1m ago

South Korea’s president said FX markets are driven by supply and demand and that authorities lack immediate stabilisation tools. He said the won has weakened less than the yen and is seen strengthening toward the 1,400 level.

South Korea’s president said FX markets are driven by supply and demand and that authorities lack immediate stabilisation tools. He said the won has weakened less than the yen and is seen strengthening toward the 1,400 level.
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9m ago

PBOC sets USD/ CNY mid-point today at 7.0014 (vs. estimate at 6.9578)

investingLive Exclusive
9m ago

PBOC sets USD/ CNY mid-point today at 7.0014 (vs. estimate at 6.9578)

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21m ago

Barclays warns Greenland tensions could ultimately hurt the euro more than the dollar, citing Europe’s trade exposure and NATO risks. While USD fell on Tuesday, analysts see limited risk of mass US asset divestment.

Barclays warns Greenland tensions could ultimately hurt the euro more than the dollar, citing Europe’s trade exposure and NATO risks. While USD fell on Tuesday, analysts see limited risk of mass US asset divestment.
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50m ago

PBOC is expected to set the USD/CNY reference rate at 6.9578 – Reuters estimate PBOC CNY reference rate setting for the trading session ahead.

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50m ago

New Zealand’s prime minister Luxon said elections will be held on Saturday November 7

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